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Bullboard - Stock Discussion Forum Lucy Scientific Discovery Inc LSDIF

Lucy Scientific Discovery Inc. is an early stage psychotropics contract manufacturing company. The Company is engaged in researching, developing, and manufacturing psychotropic drugs. The Company is a manufacturer of controlled compounds dedicated to advancing the frontiers of mind science and facilitating the development of psychotropic and psychedelic treatment therapies. It is focused on... see more

GREY:LSDIF - Post Discussion

Lucy Scientific Discovery Inc > Selling Pressure
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Post by WallstreetGuru on Oct 05, 2023 11:41am

Selling Pressure

Last month has seen a lot of selling pressure which is very concerning. Still maintain my bullish bias but the current dip is worrying.

Comment by WallstreetGuru on Oct 06, 2023 9:05am
I am starting to believe the sell off we are experiencing has been caused by the high time settlement. I think high time shareholders are panicking which is causing the dip. Let hold this longs as we wait for the market to cool.
Comment by PatrickCooper on Oct 06, 2023 11:28am
Investors ought to asses the broader financial health and future potential of the company when making investment decisions rather than reacting strongly to individual regulatory penalties.
Comment by WallstreetGuru on Oct 06, 2023 11:34am
Well over 500K is no small amout I believe they are just panicked and bailing. Just hope they can look at the bigger picture as Richard will deliver the sales here.
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